- Suzlon Energy's net profit dropped 6% year-on-year to ₹305 crore in Q1 FY27, down from ₹324 crore last year.
- Revenue increased by 22% to ₹3,829 crore in Q1 FY27, compared to ₹3,132 crore in the same quarter last year.
- Shares of Suzlon Energy fell as much as 10% on July 28, 2026, following the announcement of its Q1 results.
- EBITDA margins narrowed by 350 basis points to 15.5% from 19% last year, despite nearly unchanged EBITDA at ₹595 crore.
- Overall deliveries for Suzlon stood at 506 MW, marking a 14% growth from the same quarter last year.
- Cumulative order book at the end of the June quarter was 6.1 GW, with 84% of orders from the PSU space and the Commercial & Industrial sector.
- Suzlon has expanded its rotor blade manufacturing facility's capacity in Jaisalmer to 1,260 MW from 630 MW.
Suzlon Energy experienced a 6% drop in net profit for Q1 FY27, amounting to ₹305 crore, down from ₹324 crore the previous year. This decline occurred despite a 22% revenue growth to ₹3,819 crore, highlighting the company's struggle with narrowing margins.
The company's EBITDA remained relatively stable at ₹595 crore, compared to ₹599 crore last year, but margins contracted by 350 basis points to 15.5% from 19%. This financial performance led to a 10% drop in shares, which fell to ₹50.08 on the NSE.
Despite these challenges, Suzlon reported a 14% increase in overall deliveries to 506 MW and more than doubled its commissioning to 269 MW. The company also boasts a robust cumulative order book of 6.1 GW, with 84% of orders from the PSU and Commercial & Industrial sectors.56
CEO Ajay Kapur stated, "With the successful launch of the first FDRE-ready S175 wind turbine and manufacturing now scaled at our Bhuj facility, we are well prepared to meet future demand." Additionally, Suzlon has expanded its rotor blade manufacturing capacity in Jaisalmer to 1,260 MW from 630 MW by adding two new manufacturing lines.7
“Despite a 22% increase in revenue to ₹3,829 crore, Suzlon's EBITDA remained nearly flat at ₹595 crore, with margins narrowing by 350 basis points to 15.5%. CEO Ajay Kapur noted the successful launch of the FDRE-ready S175 wind turbine, indicating readiness to meet future demand.”
CNBC TV18
